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    6/8/2010 - States To Curb Retiree Benefits In Search Of Savings
    Posted in Medical News

    States are seeking savings in public jobholder retiree perk to close sprawling budget gaps, Bloomberg Businessweek reports. "New Jersey and 20 other states are urging early retirements, cutting perk and formidable employees complementary more in the face of what the Pew Center on the States says is a $1 trillion gap between obtainable assets and what's owed workers." States had only $2.35 trillion to cover $3.35 trillion in liabilities for pensions and other retiree offset package in 2008, Pew said. In New Jersey, where the state has set aside only $89 billion for $135 billion in liabilities, Gov...



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